Global Value Hunter

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Who is Tim Staermose, the Global Value Hunter?

Tim Staermose in front of Ocean Rd Hospital in Dar es Salaam
This is me in Dar es Salaam, in front of Ocean Road Hospital (today a Cancer hospital) where I was born.

I’m a full-time investor and investment writer.  I grew up all over the world, in Tanzania, Denmark, Egypt, Singapore and Australia – where I completed my higher education.  I have an unorthodox background.  And it shapes my approach to investing and life. 

My readers appreciate this, and often comment that I bring them a valuable alternative perspective they can’t get anywhere else.  I don’t cultivate any particular image or try to present any particular point of view.  I just call things as I see them.  And, I guess my unusual background means I often see things differently.

In 1996, straight out of university, I left to seek my fortune in the investment markets in South Korea.  Since then, I’ve also lived in The Philippines, Hong Kong, and Indonesia.  Then, in 2020, inspired by three trips in 2018 and 2019, where I found several superb value investment opportunities, I relocated to Tanzania, where I was born.

The concept behind Global Value Hunter is simple.  I scour the globe for the best deals.  And I share them with you.

With my investments, I want to buy shares in the best publicly listed businesses – no matter where they’re located in the world – at prices low enough that they represent true bargains. I’m looking to “invest for keeps” in a dozen or so businesses …  two dozen maximum … that can pay me enough in dividends each year that all my expenses are covered.

And the hunt does literally take me all over the globe.

Last year, for example, I bought shares in the dominant cement company in a developing African nation on a price to earnings (P/E) multiple of 6.3 times, and a 14.5% dividend yield.

What’s remarkable is that this company is a well-managed subsidiary of a European multinational, which owns 69% of the shares and has its executives in the key management positions.

The company carries no long-term debt.  And it generates over $0.25 in profits for every $1 of capital employed in the business.

But Global Value Hunter is not only about investing.  I also believe in spending money wisely.  And I bring the same hunt for high-quality at bargain prices I use in my investing to the rest of my life.  It’s the way I am wired.

I’m well known for enjoying the finer things in life.  But I never, ever pay full price.

With my lifestyle purchases, I seek the best deals on great food, wine, travel, accommodation, and experiences.

So, another part of my objective with Global Value Hunter is to alert you to opportunities for spending money where I think you get way more value than the price you have to pay.

I live and breathe this lifestyle.  I’ve been living this way for nearly 25 years.

I’m anything but a cheapskate.  What it’s all about is getting the very best things, for a price that’s not outlandish.

On a recent business trip, a colleague and I feasted on grilled lobster at a luxury hotel, for $19 per plate.  I once flew first class return from Jakarta to Paris for $4,020 all in. On the return leg, I was the ONLY passenger in First Class on an Airbus A380. I had 4 cabin attendants fawning over me. It was almost embarrassing. 

Last year, I flew from Jakarta to Manchester return, for $2,460 on Qatar Airways business class (one of the best three business class offerings in the world, in my experience, along with Cathay Pacific and Singapore Airlines).  My travel buddy who was coming from Singapore spent $1,800 for his return economy class ticket.

Many people over the years have asked me, “how do you do it?”

So, while this website is MOSTLY about my global value investing exploits, I’ll also be writing about other aspects of my life. 

I do it not to boast or brag.  If that were the objective, I’d be on Instagram showing off like other people do.  That’s not what it’s about.  I do it so you may benefit from the same good fortune and blessings that I enjoy.

Why not sign up and join me?

Tim's recent article featured on Tanzania Daily News, The Citizen, and All Africa:

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